{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/310/954/#50-disclosure","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"310","topic_title":"Receivables","subtopic":"310-954","subtopic_title":"Health Care Entities","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"310-954-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_23A8FCAC-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">With regard to contractual adjustments and third-party settlements, identification and explanation of the estimated amounts that are receivable by the entity shall be disclosed. </span></span></div></div>","snippet":"With regard to contractual adjustments and third-party settlements, identification and explanation of the estimated amounts that are receivable by the entity shall be disclosed.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:81b63b2f33f74ddad29beadf61c2b658e31ce6fae1530bb72815939e9ae3449e","downloaded_from":"2026-09-09T23:31:54.726Z","last_downloaded_at":"2026-09-09T23:31:54.726Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478785","source_sha256":"ec5e00c4c511a1c2eb3039024b7b63e4e8e7595a8534b14a7dec5e51c00f008e"}},{"citation":"310-954-50-2","para":"50-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_23A8FEA0-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Section <a altsource=\"GUID-B4EA087A-6E21-41BE-A5F1-933602E44595.ditamap\" class=\"ditamap\">825-10-50</a> provides guidance on the required disclosures about significant concentrations of credit risk arising from all financial instruments, including trade accounts receivable. </span></span><span class=\"sfragment\" id=\"sfr_23A8FFFF-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Concentration of credit risk frequently is an issue because most health care entities generally tend to treat patients from their local or surrounding communities. </span></span><span class=\"sfragment\" id=\"sfr_23A9016F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Accordingly, disclosure shall be made of the primary geographic sources of patients. </span></span><span class=\"sfragment\" id=\"sfr_23A902B5-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">It should be noted that concentration of credit risk may be a significant issue in standalone financial statements issued for a member hospital of a large national multihospital system but may not be an issue for financial statements prepared for the hospital system. </span></span><span class=\"sfragment\" id=\"sfr_23A903D8-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">When the individual facilities' financial statements are consolidated into statements prepared for the entire system, the credit risk is dispersed over a much larger base of health plans, patients, and geographies and, therefore, is not as concentrated. </span></span></div></div>","snippet":"Section 825-10-50 provides guidance on the required disclosures about significant concentrations of credit risk arising from all financial instruments, including trade accounts receivable. Concentration of credit risk fr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:593c318edfbaee911f84b86de54ab54e1febd77632c78557528bfcfbfecaff77","downloaded_from":"2026-09-09T23:31:54.726Z","last_downloaded_at":"2026-09-09T23:31:54.726Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478785","source_sha256":"ec5e00c4c511a1c2eb3039024b7b63e4e8e7595a8534b14a7dec5e51c00f008e"}},{"citation":"310-954-50-3","para":"50-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2014-09</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:566d1ee1c02352e25d2aef15dba541814bf63995191edcc4f10c17a31cf8dc5a","downloaded_from":"2026-09-09T23:31:54.726Z","last_downloaded_at":"2026-09-09T23:31:54.726Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478785","source_sha256":"ec5e00c4c511a1c2eb3039024b7b63e4e8e7595a8534b14a7dec5e51c00f008e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e49404739e4aafa98912975dbbbb50e9cf6264c2c6eae0fc43a9ab8d5d697e3","downloaded_from":"2026-09-09T23:31:54.726Z","last_downloaded_at":"2026-09-09T23:31:54.726Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478785","source_sha256":"ec5e00c4c511a1c2eb3039024b7b63e4e8e7595a8534b14a7dec5e51c00f008e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d17a32a89885464f3ab87783dbf71fc90e8b3f130a095dbbc3522b28245a03f9","downloaded_from":"2026-09-09T23:31:54.726Z","last_downloaded_at":"2026-09-09T23:31:54.726Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478785","source_sha256":"ec5e00c4c511a1c2eb3039024b7b63e4e8e7595a8534b14a7dec5e51c00f008e"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d17a32a89885464f3ab87783dbf71fc90e8b3f130a095dbbc3522b28245a03f9","downloaded_from":"2026-09-09T23:31:54.726Z","last_downloaded_at":"2026-09-09T23:31:54.726Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478785","source_sha256":"ec5e00c4c511a1c2eb3039024b7b63e4e8e7595a8534b14a7dec5e51c00f008e"}}